HomeMy WebLinkAboutRAP15-004 HUD Rent Schedule U.S.Department of Housing OMB Approval No.2502-0012
Rent Schedule and Urban Development (exp.07131/2017)
Low Rent Housing Office of Housing •
Federal Housing Commissioner
See page 3 for Instructions,Public Burden Statement and Privacy Act requirements. •
Project Name FHA Project Number Date Rents Will Be Effective(mm/dd/yyyy)
Riverview Apartments Contract#C0990038002 10135641 11/02/2015
Part A—Apartment Rents
Show the actual rents you intend to charge,even if the total of these rents is less than the Maximum Allowable Monthly Rent Potential.
Col. Contract Rents Col.5
Unit Type Utility (Sec.236 Pro leas Only)
Col.4 Allowances Col.6 Col.8
(Include Non-revenue Col.2 Monthly Gross Rent Col.7 Monthly
Producing Units) Number Col.3 Contract Rent (Effective Date (Col.3+Col.5) Rent Market Rent
of Units Rent Per Unit Potential (mm/d.d/yy ) Per Unit Potential
(Col.2 x Col.3) 11 /_/ Zino (Col.2 x Col.7)
2 Bedroom 38 1.212 46,056 72 1,284 0
3 Bedroom 34 1,480 50.320 92 1,572 0
0 0 0
a 0 0
0 0 0
0 o a
0 0 0
0 0 0
0 0 • 0
o • 0 • 0
0 0 0
Monthly Contract Rent Potential 't"TorGti;" ��:_; `;' "'^< "-`-.:\„..`.” Monthly Market Rent Potential
(Add Col.4)' ` r:' . 1''',.`\ ;.>•<:::•-s;.',,yy;:\�yy�AA: :,,ar ;".< '.`. (Add Col.8).
Total Units 72 $96.376 > i.:-.: ' ' 'iiii' 4 :v: lu"_ -y, $0
m ._... �`,t1:;, V.: *U^g els('-aq,
a i : C��1' tx ;,,,tea C+,yt, "�a a . �'� ( 1` S 1•: ��,`. + Yearly Market Rent Potential
\""J� Yearl Contract Rent Potential a�� �s y
*, i ^';mot �` 4 a 1a (Col.4 Sum x 12)' :�':S� k,\ y�za `� i y `(Col.8 Sum x 12)`
\+(,o 4. .t,\� gr: r F �t, 1,156.512 , t. .k;N`' ?t :`\ , $0
a� hob it �•t .. \"j""i" t , t �i
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Part G—Information on Mortgagor Entity
Name of Entity
Riverview Apartments Preservation,LP
Type of Entity
Individual 0 General Partnership El (specify)
Joint Tenancy/Tenants in Common ED Other
o Corporation VI Limited Partnership Trust
List all Principals Comprising Mortgagor Entity:provide name and title of each principal.Use extra sheets,If needed.If mortgagor is a:
•corporation, list:(1)all officers;(2)all directors; and(3)each stockholder having a 10%or more interest.
•partnership, list: (1)all general partners;and(2) limited partners having a 25%or more interest in the partnership.
•trust, list: (1)all managers,directors or trustees and(2)each beneficiary having at least a 10%beneficial interest in the trust.
Name and Title
Riverview Apartments Preservation LLC General Partner
•
Name and Title
Eagle County Housing and Development Authority
Sole Member of General Partner
Name andTitle
Commissioner
Kathy Chandler-Henry
Name andTitle
Commissioner
Jillian H.Ryan
Name and Title
Commissioner
Jeanne McQueeney
, Name and Title
Alliant Tax Credit Fund 58,Ltd. Investor Limited Partner
Name and Title
Administrative Limited Partner
Alliant Tax Credit Fund 58,LLC
Name and Title
•
Name andTitle
Name and Title
Name and-fitie
•
Part H—Owner Certification
To the best of my knowledge,all the information stated herein,as well as any information provided in the accompaniment herewith,is true and accurate.
Warning:HUD will prosecute false claims and statements.Conviction may result in criminal and/or civil penalties.(18 U.S.C.1001,1010,1012;31 U.S.C.3729.3802)
Name and Title Author•_• • 'alai's Signature gi/ii1/1/// n j Kathy Chandler-Henry,Commissioner if - Date(minrdd/yyyy)
Part I—HUD/Lender Approval
•
' Addendum Number Branch Chlef/Lender Official Signature
Date(mmldd/yyyy)
HAP Contract Number
Exhibit Number Director,Housing Management Division S• ature 9
Date(mm/dd/yyyy) �i Date(mm/ )
Loan Sery D
icer Signature �/ nn
form HUD. 2458 (11/05)
Previous editions are obsolete Page 2 of 3 ref Handbook 4350.1
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EXHIBIT A •
IDENTIFICATION OF UNITS("CONTRACT UNITS")
BY SIZE AND APPLICABLE CONTRACT RENTS
Section 8 Contract Number: C0990038002
FHA Project Number: 10135641
Effective Date of the Rent Increase: 11/2/2015
38 2 1212 72 1284
34 3 1480 92 1572
Do not submit a Gross Rent Change through TRACS until the HUD-92458 Rent Schedule
has been returned to you duly executed from your HUD/PBCA office.
Note: (1)This Exhibit will be amended by Contract Administrator notice to the Owner to specify adjusted contract
rent amounts as determined by the Contract Administrator in accordance with the Renewal Contract.
(2)These rents are applicable with the Amend Rents Automatic OCAF for this effective Date.
Attachments Included: HUD Form 92458(Rent Schedule—Required)
Utility Analysis Certification(Required)
Utility Allowance Worksheet(Optional)
form HUD-9626)
Attachment
Amend Rents Auto OCAF Part B
0
Colorado Housing and Finance Authority
1981 Blake Street
' Denver,CO 80202
chfa
June 4,2015
Management Agent Contact
Eagle County Housing and Dvelopment Authority
P.O.Box 850
Avon,CO 81631
WA ELECTRONIC MAIL
•
Subject: Automatic OCAF Rent Increase
RIVERVIEW APARTMENTS
CO990038002/10135641
Rent Comparability Study Expires: 07/02/2019
'Dear Management Agent Contact:
RIVERVIEW APARTMENTS is in a multi-year Housing Assistance Payments Contract and,as such,is eligible for an
automatic OCAF rent increase to become effective 11/2/2015. However,if the complete rent increase submission is
not received by the due date referenced below,the effective date will be delayed as detailed. The rent increase factor
is 1.010. The debt service amount used in the calculation of new rents is$573,552.24. Please confirm that the debt
service amount indicated is correct,if not,please contact me with the correct amount and a new Auto-OCAF Letter will
be generated and sent to you.
Should you elect this rent increase,the new rents for RIVERVIEW APARTMENTS will be as indicated on the attached
Exhibit A.
Indicate below which rent increase option you are requesting be applied in the upcoming contract funding year.
Complete the Project information section that follows,and return this Notice and any attachments to your HUD/PBCA
within 10 days of receipt of this package(check one).
[� I elect to receive the attached automatic OCAF rent increase.
® I elect to receive the attached automatic OCAF rent increase,and am submitting a Utility Analysis and
Attachment form HUD-9626)
Amend Rents Auto OCAF Part B
recommendation for a change to the Utility Allowance. I am submitting a Utility Analysis and a Utility
Analysis Certification,to be enclosed with the return of the rent increase acceptance. Supporting
documentation is also enclosed.
El I request a zero budget-based rent adjustment in lieu of the OCAF adjustment and understand that this will
result in renewed funding at current rents. I further understand that the OCAF adjustment for this year
may not be recouped retroactively in the future. If applicable,I am submitting a Utility Analysis and
recommendation for a change to the Utility Allowances in the form mentioned above in election two. My
signature on this letter certifies that I have reviewed the project's income and expenses and they are at
levels that will enable me to.continue to provide decent,safe and sanitary housing.
ElI request a Budget Based Rent Increase for the upcoming contract year. The required documentation for
this rent increase is enclosed. A Rent Comparability Study is required for Option 4,and Option 2(if the last
RCS submitted is 5 years old). If applicable,I am submitting a Utility Analysis and,recommendation for a
change to the Utility Allowances in the form mentioned above in election two.
❑ Other: •
Attached is an electronic pdf of the form HUD-92458 Rent Schedule Low Rent Housing for completion.as follows:
> Please complete Column 7 and 8 of Part A(only applies to properties under the 236 Program)and/or Parts B
through H of the HUD-92458 Rent Schedule(applies to all).
• Any items listed as charges to tenants must have prior HUD approval. Please provide proof of such°approval
when you return the signed copy.
• Please have the owner sign the rent schedule and email the electronic odf copy to my attention within 10 day of
the receipt of this package. We will not be allowed to process unless only the OWNER has signed.
Please understand that if you choose to increase the rents,in order for the increased rents to become effective
on the anniversary date of the contract,your complete submission(as stated in the choices above)must be submitted
no later than 7/4/2015. If the package is not received timely,the increase to the rents will be delayed one month for
every month that the submission is late.
form HUD-9626)Attachment
Amend Rents Auto OCAF Part B
•
I(We)hereby certify that the debt service amount of$573,552.24 and the non-section 8 rent potential amount of
$0.00 is true,accurate and complete to the best of my(our)knowledge and belief.
Project Name: R i ve ij i ew Apa.rtrn e n+.4 Reser txt.-tim, / P
Owner Name:
Owner Signature: ./.�L�� /. . . / Date: facV■Cox'sT ZS. 213LS
Should you have any questions,please contact our office. It is very important that you send your response to the
attention of Debra Belcher.
Sincerely,
DEBRA BELCHER
Contract Administrator
OMB Control#2502-0587
Exp.(04/30/2017)
"Public reporting burden for this collection of information is estimated to average.50 hour. This includes the time for
collecting,reviewing,and reporting the data. The information is being collected for purposes of determining rent
adjustments and will be used for estimating new rents. Response to this request for information is required in order
to receive the benefits to be derived. This agency may not collect this information,and you are not required to
complete this form unless it displays a currently valid OMB control number. No confidentiality is assured."
Privacy Act Notice:The United States Department of Housing and Urban Development, Federal Housing Administration,
is authorized to solicit the information requested in the form by virtue of Title 12, United States Code,Section 1701 et
seq.,and regulations promulgated thereunder at Title 12,Code of Federal Regulations.While no assurance of
confidentiality is pledged to respondents,HUD generally discloses this data only in response to a Freedom of
Information Act request.
Attachment form HUD-9626)
Amend Rents Auto OCAF Part B
